Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2013 (2) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (2) TMI 204 - AT - Income TaxShort Charge of TDS – Whether Section 194A(1) is applicable where payment of interest is made to a Corporation established by a State Act – Discrepancy found in the amount of tax deduction at source in respect of interest paid to Ghaziabad Development Authority and Ganga Jal Pariyojna, Ghaziabad – Held that these are the corporation established under the State Act, covered under entry no.39 where any Corporation established by a Central, State or Provincial Act is a notified institution, the provisions of section 194(1) are not applicable – Since these are the notified institution under section 194A(3)(iii)(f), therefore, the provisions of section 194A(1) are not applicable – Decided in favour of assessee.
|